Bluefeet: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Bluefeet
Largest movements
- Tangible fixed assets -€10,965
down €10,965 (-50.7%), from €21,624 to €10,660
of which Furniture and vehicles: -€7,864
- Cash -€10,548
down €10,548 (-35.9%), from €29,374 to €18,826
mainly Net result for the year (-€29,933) and Trade debts (-€5,441)
- Receivables within one year -€8,001
down €8,001 (-25.1%), from €31,863 to €23,861
of which Trade receivables: -€7,836
- Deferred charges and accrued income -€2,079
down €2,079 (-95.7%), from €2,173 to €94
- Profit (loss) carried forward -€29,933
down €29,933 (-130%), from -€22,979 to -€52,912
- Trade debts -€5,441
down €5,441 (-85.5%), from €6,366 to €925
- Tax, wage and social debts +€3,881
up €3,881 (+26.1%), from €14,878 to €18,760
of which Remuneration and social security: +€7,603
- Gross operating margin -€64,766
down €64,766, from €48,156 to -€16,610
- Depreciation -€2,816
down €2,816 (-17.8%), from €15,777 to €12,961
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,034 | €53,441 | -€31,593 | -37.2% |
| Fixed assets | 21/28 | €21,624 | €10,660 | -€10,965 | -50.7% |
| Tangible fixed assets | 22/27 | €21,624 | €10,660 | -€10,965 | -50.7% |
| Plant, machinery and equipment | 23 | €1,279 | €638 | -€641 | -50.1% |
| Furniture and vehicles | 24 | €12,533 | €4,669 | -€7,864 | -62.7% |
| Other tangible fixed assets | 26 | €7,813 | €5,353 | -€2,460 | -31.5% |
| Current assets | 29/58 | €63,410 | €42,781 | -€20,629 | -32.5% |
| Amounts receivable within one year | 40/41 | €31,863 | €23,861 | -€8,001 | -25.1% |
| Trade receivables | 40 | €31,697 | €23,861 | -€7,836 | -24.7% |
| Other amounts receivable | 41 | €166 | €0 | -€166 | -100% |
| Cash at bank and in hand | 54/58 | €29,374 | €18,826 | -€10,548 | -35.9% |
| Deferred charges and accrued income | 490/1 | €2,173 | €94 | -€2,079 | -95.7% |
| Total equity and liabilities | 10/49 | €85,034 | €53,441 | -€31,593 | -37.2% |
| Equity | 10/15 | €16,342 | -€13,590 | -€29,933 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,721 | €20,721 | = | 0.0% |
| Distributable reserves | 133 | €20,721 | €20,721 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,979 | -€52,912 | -€29,933 | -130% |
| Amounts payable | 17/49 | €68,692 | €67,031 | -€1,660 | -2.4% |
| Amounts payable within one year | 42/48 | €68,692 | €67,031 | -€1,660 | -2.4% |
| Trade debts | 44 | €6,366 | €925 | -€5,441 | -85.5% |
| Suppliers | 440/4 | €6,366 | €925 | -€5,441 | -85.5% |
| Taxes, remuneration and social security | 45 | €14,878 | €18,760 | +€3,881 | +26.1% |
| Taxes | 450/3 | €14,878 | €11,156 | -€3,722 | -25.0% |
| Remuneration and social security | 454/9 | - | €7,603 | +€7,603 | |
| Other amounts payable | 47/48 | €47,447 | €47,346 | -€101 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,777 | €12,961 | -€2,816 | -17.8% |
| Other operating charges | 640/8 | €496 | €136 | -€359 | -72.5% |
| Gross operating margin | 9900 | €48,156 | -€16,610 | -€64,766 | |
| Operating profit (loss) | 9901 | €31,884 | -€29,707 | -€61,591 | |
| Financial charges | 65/66B | €236 | €225 | -€11 | -4.5% |
| Recurring financial charges | 65 | €236 | €225 | -€11 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €31,648 | -€29,933 | -€61,580 | |
| Profit (loss) for the period | 9904 | €31,648 | -€29,933 | -€61,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,648 | -€29,933 | -€61,580 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.